Treasury claims NPSS 'could be useful'

Published in the latest UK country report from the IMF on the health of the economy, a discussion on the subject of an aging population saw the Treasury answer questions on the three main proposals from the Pensions Commission’s report. In the document, the IMF notes Treasury officials had mixed reactions to the proposals when questioned ahead of the White Paper scheduled for May. With officials first of all pointing out the Pensions Commission “does not take housing wealth into account in forecasting the savings gap”, which suggests figures may not be accurate. While IMF staff conceded...